FACTORS CONTRIBUTING TO HIGH UNEMPLOYMENT RATE AMONG GRADUATES. CARRINE .A. NANDWA ABSTRACT Each year numerous graduates emerge and start the search for jobs with little or no success. This project will study some of the factors leading to unemployment among graduates despite being educated and competently qualified to work in their area of study. Some of the factors to be considered are gender‚ experience‚ graduate success among others. The data for this research will be mainly primary data‚
Premium Unemployment
Why would the government want to intentionally raise unemployment and hurt the economy? When raising minimum wage‚ that is what the government is doing. The first federal minimum wage was established during the Great Depression. It was meant to increase wages to create a better life for those struggling. People then tended to buy more which caused more job openings (“The Minimum Wage”). This helped a lot during the Great Depression because it made employers pay the people a fair wage. The current
Premium Employment Minimum wage Unemployment
THE LONG-TERM EFFECTS OF UNEMPLOYMENT ON A PERSON In the current economic recession‚ unemployment is not only a terrible problem of the society but also the concern of each individual. Because it causes a large number of long term consequences. From my point of view‚ there are two main long-term effects which the unemployed are facing with‚ relating to their material and spiritual life. The first effect which unemployed persons are directly affected is their material life. The majority of unemployed
Premium Recession Unemployment Economics
Unemployment – France vs. Germany Unemployment is defined by the Bureau of Labour Statistics as people aged 16 or more who are available for work‚ have made specific efforts to find work for the past four weeks but cannot secure a job (1). This essay will be looking at unemployment; however it will be covering a particular element about this subject. Why two similar performing economies can have different unemployment rates will be the main body of this essay. The two examples I will be using to
Free Unemployment
Ans: 1(a) Unemployment Rate = Unemployed Employed + Unemployed In January 2012‚ 141‚608 thousand were employed and 12‚748 thousand were unemployed. Unemployment rate = 12‚748 ÷ (141‚608 + 12‚748) = 8.26% In January 2013‚ 143‚322 thousand were employed and 12‚332 thousand were unemployed. Unemployment rate = 12‚322 ÷ (143‚322+12‚332) = 7.92% 1(b) Employment-Population ratio = In January 2012‚ 141‚608 thousand were employed and total population was 244‚663 tnousand. Employment-Population ratio
Premium Inflation Unemployment
South Africa has had a pervasive unemployment problem for the past forty years (Lam‚ Leibbrandt‚ & Mlatsheni‚ 2007). According to the Quarterly Labour Force Survey conducted by Stats SA (2012)‚ of the 10.4 million South Africans within the ages of 15 and 24 years‚ 3.3 million (31.6%) are not in employment‚ education or training (NEET). The South African government realized that unemployment‚ inequality and poverty in South Africa are a problem and thus appointed the National Planning Commission
Premium Economics Supply and demand Unemployment
Macroeconomics‚ 12e (Gordon) Chapter 2 The Measurement of Income‚ Prices‚ and Unemployment 2.1 Why We Care About Income 1) Job openings are plentiful when the A) actual real GDP is above the natural real GDP. B) natural real GDP is above the actual real GDP. C) natural real GDP is increasing rapidly. D) None of the above. Question Status: Previous Edition 2) The real income per capita is a measure of the A) well-being of every individual in the nation. B) well-being of the average individual
Premium Gross domestic product Unemployment
Advances in technology will result in a growth in unemployment. Technological advances allow society to produce more output from the existing mix of resources. These advances may take the form of less costly methods of producing existing output or may result in the production of new (or substantially improved) commodities (such as DVD players‚ HDTV‚ anti-lock braking systems‚ and similar innovations). Society clearly gains from the production of either more output or more highly valued output. Nevertheless
Free Unemployment Economics Inflation
Who enacted this statute? The statute for the terms of denial for unemployment benefits in the state of New Mexico would be enacted by the legislative authority in the state of New Mexico. Meaning it would fall back on the state of New Mexico to enact the statute. 2. Is this statutory mandatory or discretionary? What causal term in the statute helped you answer this question? The statute for the denial of unemployment benefits would be considered statutory mandatory. The key word in the statue
Premium New Mexico United States Unemployment
Eurozone unemployment and inflation both rise 01 March 2012 by Daniel Mason Eurozone unemployment rose to a record high in January‚ while inflation in the currency bloc has also continued its upward trend - a combination described by economists as "unpalatable" and a "double whammy of bad news". The jobless rate in the 17-member currency bloc was 10.7 per cent in January‚ up from 10.6 per cent in December‚ according to statistics published today by Eurostat. It means that‚ in January‚ there
Premium Unemployment Inflation Monetary policy